MSG Entertainment Announces Board Changes
Ticker: MSGE · Form: 8-K · Filed: 2024-06-03T00:00:00.000Z
Sentiment: neutral
Topics: board-changes, executive-compensation
TL;DR
MSG Ent. board shakeup: Baker out, Whitman & Barry in. New exec comp details filed.
AI Summary
Madison Square Garden Entertainment Corp. announced on May 28, 2024, the departure of director Charles P. Baker, Jr. and the election of new directors, including Andrew Whitman and David Barry. The company also reported on compensatory arrangements for certain officers, though specific details and dollar amounts were not provided in this filing.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting future decisions and shareholder value.
Risk Assessment
Risk Level: low — This filing primarily concerns routine board and officer changes, with no immediate financial distress or significant operational shifts indicated.
Key Players & Entities
- Madison Square Garden Entertainment Corp. (company) — Registrant
- Charles P. Baker, Jr. (person) — Departing Director
- Andrew Whitman (person) — Elected Director
- David Barry (person) — Elected Director
- May 28, 2024 (date) — Date of earliest event reported
FAQ
Who has departed from the board of directors at Madison Square Garden Entertainment Corp.?
Charles P. Baker, Jr. has departed from the board of directors.
Who has been elected to the board of directors?
Andrew Whitman and David Barry have been elected to the board of directors.
What is the exact date of the earliest event reported in this 8-K filing?
The earliest event reported is dated May 28, 2024.
What other items are covered in this filing besides director changes?
The filing also covers the election of directors and compensatory arrangements of certain officers.
What is the principal executive office address for Madison Square Garden Entertainment Corp.?
The principal executive offices are located at Two Pennsylvania Plaza, New York, NY 10121.
From the Filing
0001193125-24-153130.txt : 20240603 0001193125-24-153130.hdr.sgml : 20240603 20240603171055 ACCESSION NUMBER: 0001193125-24-153130 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20240528 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20240603 DATE AS OF CHANGE: 20240603 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Madison Square Garden Entertainment Corp. CENTRAL INDEX KEY: 0001952073 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 920318813 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41627 FILM NUMBER: 241014734 BUSINESS ADDRESS: STREET 1: TWO PENNSYLVANIA PLAZA CITY: NEW YORK STATE: NY ZIP: 10121 BUSINESS PHONE: (212) 465-6000 MAIL ADDRESS: STREET 1: TWO PENNSYLVANIA PLAZA CITY: NEW YORK STATE: NY ZIP: 10121 FORMER COMPANY: FORMER CONFORMED NAME: MSGE Spinco, Inc. DATE OF NAME CHANGE: 20221025 8-K 1 d843831d8k.htm 8-K 8-K false 0001952073 0001952073 2024-05-28 2024-05-28     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 28, 2024     MADISON SQUARE GARDEN ENTERTAINMENT CORP. (Exact Name of Registrant as Specified in Charter)       Delaware   001-41627   92-0318813 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) Two Pennsylvania Plaza , New York , NY   10121 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code: (212) 465-6000 Not Applicable (Former name or former address, if changed since last report.)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of Each Exchange on Which Registered Class A Common Stock   MSGE   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☒       Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 28, 2024, Courtney M. Zeppetella, Senior Vice President, Controller and Chief Accounting Officer of Madison Square Garden Entertainment Corp. (the “Company”), resigned effective as of May 31, 2024. Ms. Zeppetella’s resig